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OceanaGold on track for the year after anticipated slow quarter

UNDER the stewardship of new CEO Michael Holmes, multi-national gold miner OceanaGold Corp has reaffirmed full-year guidance of about 370,000 ounces after a March quarter that yielded 80,707oz of gold and 54,134oz of silver.

Michael Quinn
Haile, USA

Haile, USA

ll-in sustaining costs of US$1218/oz were calculated in the March quarter on gold sales of 91,388oz. Oceanagold completed the March quarter with $177 million cash, with increased liquidity achieved...

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